Bitcoin's short-term decline has temporarily eased, and there are signs of a stop in the small timeframe. After the spike in the early morning, the price has basically recovered. In the short term, there is a high probability of a sideways consolidation to build a bottom, and one can wait for divergence signals in the 4-hour timeframe to enter long positions.

It is recommended to place a buy order around 88500; this position is near the dividing line of the second bottom test. The stop-loss can be based on the recent low. If the entry is successful, it could yield a profit of over 3000 points, which is worth a shot! #BTC